Schibsted is a limited company which aims to provide competitive financial returns based on a sound balance sheet. The company must meet the stock market’s demands for yield, growth and professionalism.
At the Schibsted Media Group Investor Day 28 February 2012, the following targets were communicated:
Annual growth in operating revenues for Online classifieds the coming 3 years: 15-20%
Financial gearing: NIBD/EBITDA 1-2x. In special situations up to 3x, but with a plan to reduce to normal range
Dividend policy: 25-40% of cash flow
Equity ratio: 35-50%, minimum 25%